Liability insurance is a cornerstone of professional responsibility for notaries. Even minor oversights in notarial acts can lead to significant legal liability, with claims resulting in costly litigation. Errors and Omissions (E&O) insurance serves as a crucial shield, covering legal fees and settlements arising from negligence or misconduct claims. This type of insurance is essential for notaries as it protects against financial losses stemming from errors in document certification or other professional duties.
By investing in E&O insurance, notaries demonstrate their commitment to upholding professional standards and complying with legal requirements. This safeguard enables them to mitigate risks associated with their critical services, ensuring that they remain accountable for their actions. Notary ethics and duty demand such precautions, as the integrity of notarial acts is paramount in maintaining public trust and confidence in legal documents.
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